First Trust Large Cap Value AlphaDEX Fund
$98.58+0.56 (+0.57%)
- 0.58%
- $1.4B
- +23.1%
- 1.79%
- 0M sh
- $97.48
- low $81.13high $104.95
The ETF.net FTA Grade
C
Score 51 out of 100
- 26 of 40
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F10 out of 100Rank 36 of 40Mission
Whether the fund did what it promised, tested against its stated mandate.A84 out of 100Rank 20 of 37Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 16 of 39Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B55 out of 100Rank 15 of 40Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B68 out of 100Rank 14 of 40Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B63 out of 100Rank 17 of 40
Our read on FTA
CFTA doesn't just buy the value index and call it a day. It screens US large caps on value and profitability, then holds only the names that clear the bar, a 2007-vintage rules-based stock picker in an ETF wrapper.
The Fund seeks to track, before fees and expenses, the performance of the Nasdaq AlphaDEX Large Cap Value Index.
Why people hold it
- Selection by formula, not size: the AlphaDEX screen ranks large-cap value names on value and profitability before the index decides who gets in.ftportfolios.com
- Live since 2007, so the method has a real record through the financial crisis and everything after, not a backtest.
- Roughly 190 stocks, so no single name carries the fund, and it distributes quarterly.
- The rules are public: it tracks a published Nasdaq AlphaDEX Large Cap Value index, and it has held multi-billion-dollar scale for years.
Worth knowing
- 0.58% a year, against a cohort median near 0.18%. Plain cap-weighted value funds (VTV, SCHV, IUSV) charge a small fraction of that.
- Thinly traded next to the category's giants, so spreads and limit orders matter more here.
- Value by screen, not by market cap: the portfolio can look and behave quite differently from a standard large-cap value benchmark.
FTA Holdings
- Stocks
- 188
- 10%
- DINO
Sectors
- Financials20.1%
- Energy14.1%
- Utilities10.5%
- Technology9.7%
- Consumer Discretionary8.9%
- Health Care8.9%
- Industrials7.5%
- Consumer Staples7.1%
- Communication5.7%
- Real Estate4.4%
- Materials3.1%
Geography
- United States93.86%
- Ireland3.04%
- Switzerland1.91%
- Bermuda0.87%
- United Kingdom0.17%
- Netherlands0.15%
FTA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FTA$12,313
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FTA |
|---|---|
| Year to date | +15.2% |
| 1 month | −2.6% |
| 3 months | +0.5% |
| 1 year | +23.1% |
| 3 years | +17.6% |
| 5 years | +10.6% |
| 10 years | +10.9% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FTA |
|---|---|---|
| 2026 YTD | +15.2% | |
| 2025 | +14.9% | |
| 2024 | +10.1% | |
| 2023 | +10.1% | |
| 2022 | −3.7% | |
| 2021 | +29.3% | |
| 2020 | −0.4% |
FTA in the news
Category Review
US multifactor funds ran 30 points apart
FTA Dividends
- 1.79%
- $1.75
- $0.53 per share
- Quarterly
Distribution history
FTA Risk
- 13.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.87
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.64
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FTA Cost
0.58%
FTA0.58%
- The middle half of US Value Index funds
- Median 0.20%
35 of the 40 US Value Index funds charge less.
Other funds in US Value Index
- BVLUEiShares MSCI USA Value Factor ETFExpense ratio 0.15%1 year return +64.8%
- CFABFirst Trust Multi Cap Value AlphaDEX FundExpense ratio 0.66%1 year return +22.3%
- CPRXVPraxis Impact Large Cap Value ETFExpense ratio 0.36%1 year return +23.9%
- CCOWZPacer US Cash Cows 100 ETFExpense ratio 0.49%1 year return +26.1%
- CNIXTResearch Affiliates Deletions ETFExpense ratio 0.19%1 year return +33.8%